A share price of Tapestry Inc [TPR] is currently trading at $64.20, up 1.58%. An important factor to consider is whether the stock is rising or falling in short-term value. The TPR shares have gain 3.10% over the last week, with a monthly amount glided 11.03%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Telsey Advisory Group reaffirmed its Outperform rating on November 15, 2024, and elevated its price target to $67. On October 29, 2024, downgrade downgraded it’s rating to Hold but maintained its price target of $52 on the stock. Telsey Advisory Group reiterated its Outperform rating and increased its price target to $54 on March 06, 2024. Jefferies downgraded its rating to a Hold but $50 remained the price target by the analyst firm on February 29, 2024. Evercore ISI upgraded its rating to Outperform for this stock on February 05, 2024, and upped its price target to $50.
Tapestry Inc experienced fluctuations in its stock price throughout the past year between $35.06 and $65.30. Currently, Wall Street analysts expect the stock to reach $58.2 within the next 12 months. Tapestry Inc [NYSE: TPR] shares were valued at $64.20 at the most recent close of the market. An investor can expect a potential drop of -9.35% based on the average TPR price forecast.
Analyzing the TPR fundamentals
Trailing Twelve Months sales for Tapestry Inc [NYSE:TPR] were 6.67B which represents -0.38% decline. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.29 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.45.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 63.49 points at the first support level, and at 62.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 65.03, and for the 2nd resistance point, it is at 65.86.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Tapestry Inc [NYSE:TPR] is 4.93. On the other hand, the Quick Ratio is 4.38, and the Cash Ratio is 3.49. Considering the valuation of this stock, the price to sales ratio is 2.31, the price to book ratio is 5.02 and price to earnings (TTM) ratio is 18.58.
Transactions by insiders
Recent insider trading involved Kahn Todd, CEO and Brand President, Coach, that happened on Nov 22 ’24 when 52829.0 shares were sold. CEO and Brand President, Coach, Kahn Todd completed a deal on Nov 25 ’24 to sell 18492.0 shares. Meanwhile, General Counsel & Secretary Howard David E sold 42125.0 shares on Nov 22 ’24.
